Pub Overview
Exciting Refurbishment for The White Hart: A Future Community Hub with Great Potential
What would you do with this pub to make it a success?
The area
An exciting opportunity to lease the White Hart, a well-established pub in the lively village of Penkridge, Staffordshire. With a vibrant community, the White Hart is perfectly situated to be a thriving community-focused pub. We’re investing in a full refurbishment, both inside and out, to give it a fresh, welcoming atmosphere. Our goal is to revitalise this local spot, and we're seeking a licensee who understands the importance of being at the heart of the community.
The offer
The White Hart is available on our investment tenancy agreement. We’ve prepared everything for success: new decor, updated facilities, and a focus on entertainment and sports to draw in the crowds. It will offer a full range of beers, ciders, cask ales, low & no alcohol options, wines, spirits, and soft drinks. Being a wet-led pub, we expect there to be a good demand for session lagers, premium beers and cask ales, particularly from the sports zone.
We’re always open to new ideas, what would you do to drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you: Understanding of the local community You know what it takes to build a successful business You love hospitality and are great with customers
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub's next chapter...
Features
Refurbishment Planned Investment Tenancy Live Sports Music Venue Car Park Cask Ale Private Accommodation
Trading Area & Facilities
The White Hart will be undergoing a refurbishment which will cover the interior and exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pub's trading area and facilities post refurbishment will be: Main trading area with bar Separate Sports bar & Tap room 62 internal covers Number of external covers tbc Smart Dispense Small outdoor trading area Car park with 8 spaces
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Private Accommodation
Private accommodation consists of 2 bedrooms, a living room, kitchen and bathroom.
Pub Financials
Estimated Total Ingoing Costs: £29,441 Estimated Minimum Ingoing Costs: £29,441 Annual Rent: £19,764 Estimated Annual Turnover: £290,565 Deposit: £4,941 Estimated Fixtures & Fittings Value: £17,000 Estimated Stock Valuation: £4,000 Estimated Working Capital: £3,500
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, fixtures & fittings valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Downloads
Demographics Report Energy Performance Certificate Refurbishment Details
#J-18808-Ljbffr
Exciting Refurbishment for The White Hart: A Future Community Hub with Great Potential
What would you do with this pub to make it a success?
The area
An exciting opportunity to lease the White Hart, a well-established pub in the lively village of Penkridge, Staffordshire. With a vibrant community, the White Hart is perfectly situated to be a thriving community-focused pub. We’re investing in a full refurbishment, both inside and out, to give it a fresh, welcoming atmosphere. Our goal is to revitalise this local spot, and we're seeking a licensee who understands the importance of being at the heart of the community.
The offer
The White Hart is available on our investment tenancy agreement. We’ve prepared everything for success: new decor, updated facilities, and a focus on entertainment and sports to draw in the crowds. It will offer a full range of beers, ciders, cask ales, low & no alcohol options, wines, spirits, and soft drinks. Being a wet-led pub, we expect there to be a good demand for session lagers, premium beers and cask ales, particularly from the sports zone.
We’re always open to new ideas, what would you do to drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you: Understanding of the local community You know what it takes to build a successful business You love hospitality and are great with customers
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub's next chapter...
Features
Refurbishment Planned Investment Tenancy Live Sports Music Venue Car Park Cask Ale Private Accommodation
Trading Area & Facilities
The White Hart will be undergoing a refurbishment which will cover the interior and exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pub's trading area and facilities post refurbishment will be: Main trading area with bar Separate Sports bar & Tap room 62 internal covers Number of external covers tbc Smart Dispense Small outdoor trading area Car park with 8 spaces
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Private Accommodation
Private accommodation consists of 2 bedrooms, a living room, kitchen and bathroom.
Pub Financials
Estimated Total Ingoing Costs: £29,441 Estimated Minimum Ingoing Costs: £29,441 Annual Rent: £19,764 Estimated Annual Turnover: £290,565 Deposit: £4,941 Estimated Fixtures & Fittings Value: £17,000 Estimated Stock Valuation: £4,000 Estimated Working Capital: £3,500
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, fixtures & fittings valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Downloads
Demographics Report Energy Performance Certificate Refurbishment Details
#J-18808-Ljbffr
